Plexuss Financing

Plexuss, Inc., Corporation just had published form D for $307,019 equity financing. This is a new filing. Plexuss was able to sell $307,019. That is 100.00% of the financing offer. The total private financing amount was $307,019. The offering form was filed on 2016-10-28. The reason for the financing was: unspecified.

Plexuss is based in Alabama. The filler’s business is Telecommunications. The SEC form was filed by Peter Seeger General Counsel. The company was incorporated in 2015. The filler’s address is: 1475 N. Broadway, 360, Walnut Creek, Ca, California, 94596. Jamshid Pejman Novin is the related person in the form and it has address: 1475 N. Broadway, Suite 360, Walnut Creek, Ca, California, 94596. Link to Plexuss Filing: 000168856216000001.

Analysis of Plexuss Offering

On average, startups in the Telecommunications sector, sell 85.70% of the total offering size. Plexuss sold 100.00% of the offering. Could this mean that the trust in Plexuss is high? The average offering amount for companies in the Telecommunications industry is $125,000. The total amount raised is 145.62% bigger than the average for companies in the Telecommunications sector. The minimum investment for this offering is set at $10000. If you know more about the reasons for the financing, please comment below.

What is Form D? What It Is Used For

Form D disclosures could be used to track and understand better your competitors. The information in Form D is usually highly confidential for ventures and startups and they don’t like revealing it. This is because it reveals amount raised or planned to be raised as well as reasons for the financing. This could help competitors. Entrepreneurs usually want to keep their financing a ‘secret’ so they can stay in stealth mode for longer.

Why Fundraising Reporting Is Good For Plexuss Also

The Form D signed by Peter Seeger might help Plexuss, Inc.’s sector. First, it helps potential customers feel more safe to deal with a firm that is well financed. The odds are higher that it will stay in the business. Second, this could attract other investors such as venture-capital firms, funds and angels. Third, positive PR effects could even bring leasing firms and venture lenders.